http://www.centralcoastmultifamily.comFidelity Title San Luis Obispo(listingpromoterfntslo.com)http://listingpromoterfntslo.com/Uploads/46/57/24657/images/storage%201%20382%20-%20Copy.JPGhttp://www.centralcoastmultifamily.comhttp://www.650Ramona3unit.comFri, 25 Jun 2010 19:41:32 GMT Sweet Tri-plex Ocean View from upper unit Excellent Location within Grover Beach. North of Grand, & Just a few blocks to the Beach. Ample off Street parking. 2 - 1 Bedroom/1 Bath units 1 - Studio/1 Bath unit Gross Annual Income $25,740 Approx. Annual Expenses $7,736 Net Operating Income $18,004 **For more detail - See the attached Investment Proforma in the Property reports section** Excellent financing available. The Tri-plex was contructed in 1946. It is of two-story wood frame and wood construction. The entire property is in average condition. Professionally managed and well maintained. Individual Hot Water Heaters. Units individually metered for Gas & Electric. Excellent opportunity to own well located, stable rental units in a prime area of Grover Beach. Just minutes to the beach. Close to all services, hospitals & busline. Easy freeway access to Hwy 101. This is a nice little building priced to sell quickly. Subject to Lender Approval of Short Sale.http://www.865Walnut3unit.comFri, 02 Apr 2010 11:38:26 GMT First time offered for sale in several decades! 3 Residential Units (Tri-plex). Seller Financing Available! 865 Walnut Street is well located within the heart of beautiful San Luis Obispo, within the desirable old downtown residential district. Just a couple of blocks from the heart of Downtown, biking distance to Cal Poly & Cuesta. Close to all services, hospitals, public transportation/busline, employment opportunity, easy access to Hwy 101. Within 15 minutes of our local area beaches and our scenic central coastline, 1st class outdoor recreation, golf courses, hot springs. Excellent Investment Opportunity! There consists,1 one- story wood frame and stucco building containing three residential units. Each of the units is a 2 Bedroom, 1 Bath, one of which has a additional family room. There are 2 single garages, with newly replaced garage doors, and ample additional off street parking. The roof is pitched, composition shingle replaced within the past 5 years. The units are individually metered for Gas, Electric and Water. Each unit has Laundry Hook-ups, a private fenced yard and an individual Hot Water Heater. Little to no expenses for the owner!! Residents pay all their own utilities including Trash Excellent potential exists for this property. With the current below market rents and long term residents this property offers stability and ease in management. There does exist the potential to increase income by bringing rents up to maket or through redeveloment, taking advantage of the R4 zoning, and large lot (potentially up to 6-12 units, depending on size). See the attached Investment Proforma located within the Property Reports Section.http://www.Atascadero4plex.comWed, 10 Mar 2010 11:56:03 GMThttp://www.3302ocean8unit.comThu, 11 Feb 2010 13:34:12 GMT 8 Ocean View Apartments – Rare Cayucos Offering! 6% Cap on Actuals Turn-key condition - Extensive "down to the studs" Renovation! Effective age 2007 Ocean views from all units (upper level White Water!) ***See the Property Reports Section for the Investment Proforma and other additional information*** Although the units are currently rented on a month to month or greater basis, producing a strong and consistant income flow, this Property is permitted to operate as both short or long term rentals. This is a rare and excellent option. Flexibility! "The Cayucos View Inn " Fully Licensed Vacation Inn with the option of Extended Stay Strong Income Potential! Or 6% Cap Rate. Ease of management by continuing the current operation as primarily long term rentals. Short Term rental rates being collected & offered are as follows: $119/night , plus tax - Winter Season $139/night, plus tax - Summer Season Extended Stay is permitted. Just Minutes to San Luis Obispo and all services, Cal Poly, Cuesta College, Central Coasts most beautiful Beaches and so much more! The subject property is located in the beautiful central California coastal town of Cayucos. Its specific location is within an established residential neighborhood just minutes to downtown Cayucos, a quick stroll to the beach, and within 20 minutes of San Luis Obispo. Cayucos is known for its "banana belt" climate. Where neighboring Cambria to the North and Morro Bay to the South may be fogged in, Cayucos will have a lovely mild perfect climate. It is a well known and loved local secret. In addition to beautiful, peaceful qualify of living, Cayucos offers some of the best surf and longest stretches of beaches on the Central Coast. Uncrowded, unspoiled "Old Cali" at its finest. The quality of the neighborhood and its close proximity to an unmatched Scenic Central Coast, Downtown San Luis Obispo, Cal Poly, and Cuesta College, All services, Hospitals, Fabulous Local Beaches, 1st class Recreation, Easy freeway access to both Hwy 1 and Hwy 101 make this a superior location with which to invest. The recent rehabilitation/remodel of this building was designed and set up for short term Vacation Rentals/Hotel. See property website www.cayucosview.com, for rental information. Regarding the extensive renovation… Some of the capital improvements include: new electrical, new plumbing, new dual pane windows, new 8ft wide sliding glass doors, new kitchens and bathrooms, all new appliances, new parking lot asphalt, new deck & walk way surfacing, concrete sound proofing between floors, double 5/8” hotel/fire rated sheet rock between rooms and more…. Bottom line... this building was brought up to current code. Effective age of this building 2007! Each unit has a keyless entry, is fully furnished, and includes wireless internet, TV, and all utilities paid (Units are separately metered for Electric). There is an ADA compliant unit, with extra wide doors, extra large bathroom with step in tub that has hand rails and fold down seat. Although not required, all of the units have been upgraded with extra wide doors, both the front and bathroom doors . The unit mix consists of 7- fully furnished Studios with full kitchen and 3/4 bath and 1- One Bedroom, One Bath unit with attached (yet separate) reception room. Five of the studio units have expansive white water ocean views, balconies, and vaulted ceilings. The three lower units also have ocean views and a private balcony. The building consists of 1 two- story wood frame and stucco building containing eight residential units. There are 8- parking spaces (3 of which are tuck-under). The roof is of pitched, composition shingle. The landscaping is lush and gorgeous and creates for lovely peaceful ambiance. Common area amenities include a (plumbed in) gas BBQ on the upper deck, and on-site laundry facilities. The building is individually metered for Electric. One common water meter. One common gas meter which provides for Hot Water. There is a workshop/maintenance room and an extra storage room. There is an on-site laundry room with one Washer and one Dryer along with a dedicated Hot Water heater. The coin operated laundry equipment is owned. Note: This is NOT a short sale or REO. Also note: The undeveloped lot directly to the South is also available for sale. 4068 Square Feet Lot, Zoned Residential/Commercial. - see property reports section for more details. http://www.240Sandercock4unit.comSat, 06 Feb 2010 05:31:42 GMTPride of Ownership!! Excellent Income Property in highly sought after San Luis Obispo. Super nice , appealing units-easy to rent when there is a rare vacancy. Easily Well Managed by Owner, Well Maintained. Turn Key! This is a good one!! Not an REO or Short Sale. Just a stable property with solid tenant history in a solid "A" location. Perfect place to invest your hard earned! There is a strong demand for affordable rental housing within the area and not enough of it. 3 Br House, plus 3- 1991 Built Townhome Style loft units. Private fenced yards, Indiv. HW heaters & laundry for each unit. INDIVIDUAL WATER METERS. Built to condo spec? Future Potential? Unit Mix: 3-Townhome style Apts (2 story) consisting of a loft(1 br), 1 Ba , 2- 1Br +loft, 1 Ba . 3 Br, 1 Ba SFR . These units are very appealing inside. Note: 5 water meters (landlord pays for landscape water). Tenants pay all their own utilities including Water/Sewer. The house is of one-story wood frame and wood exterior construction, Age unknown. The tri-plex was constructed in 1991. It is of two story wood frame and wood exterior construction. The entire property is in excellent condition. Recent capital upgrades include: New Dual Pane Windows, Electrical, Insulation, and more. The Roofs are of pitched composition shingle-replaced approx. 2001. Located a few blocks from downtown SLO, biking distance to Cal Poly and Cuesta College. Close to all services including several hospitals. Quick stroll to the busline and other public transportation. Easy freeway access to Hwy 101. Airport is close by. Within 15 minutes to some of our beautiful scenic Central Coast beaches, local Hot springs, 1st class golf courses, ample outdoor sports activities such as biking, hiking, water sports, dunes, and so much more! San Luis Obispo County is a fabulous place to live. Tucked away on California's central coast, this area is like "Old Cali" still untouched, uncrowded and unspoiled. With an overall mild climate averaging 65 degrees year round. From Broad Street take a right on Sandercock. Between Bee Bee and Cypress. Or from Hwy 101 north take Madonna exit,L Higuera, R on South, L on Beebee, R on Sandercock. Just a few blocks from downtown. Please be discreet-drive by only. Thank you!